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Shipping Industry News
Agri Port is your go-to source for the latest local and global industry news relevant to the shipping and grain vessel loading industry. Stay up-to-date with current events, new regulations, best practices, and essential industry updates that impact your operations.
From
Mike Schuler
via
gCaptain
US-Flagged Cargo Ship SLNC York Evacuated After Taking on Water in Pacific
The crew of the US-flagged cargo ship SLNC York has been safely evacuated after the vessel began taking on water in the Pacific Ocean, according to operator Schuyler Line Navigation Company (SLNC)....
From
Reuters
via
gCaptain
South Korea Tests Arctic Shipping Route to Europe
South Korea will flag off on Saturday a container ship bound for Europe via the Arctic, testing whether a route opened by melting sea ice can be commercially viable, but risking friction with Western allies, as the voyage requires Russian cooperation.
From
Bloomberg
via
gCaptain
Three Chinese Tankers U-Turn in Hormuz as Risks Remain High
Three China-linked supertankers have U-turned in the Strait of Hormuz as risks to shipping remain elevated, with prospects for a normalization of traffic dimming after President Donald Trump took a hard line on Iran.
From
Reuters
via
gCaptain
Russia and Ukraine’s Black Sea Grain Exports Grind to a Virtual Halt
Attacks on shipping have shut down more than 97% of Russia and Ukraine's grain export capacity in the Azov and Black Sea basin, cutting off a major source of low-cost supplies and helping to drive up global prices.
From
Mike Schuler
via
gCaptain
Port of Corpus Christi Joins U.S. Push for Nuclear-Powered Shipping
The Port of Corpus Christi has joined the Trump administration’s push to bring nuclear technology into the U.S. maritime sector, signing an agreement with the U.S. Maritime Administration to explore...
From
Capital Link
via
gCaptain
Navigator Gas Sees U.S. Gas Export Boom Driving Handysize Demand
Navigator Gas posted the strongest quarterly results in its 25-year history as booming U.S. gas exports and longer trade routes helped lift vessel earnings and terminal volumes to record levels.
From
The Loadstar
via
gCaptain
Hapag-Lloyd’s Zim Takeover Hits Regulatory Headwinds
Forwarders have backed the objections of Brazilian authorities and Israeli legislators in questioning the looming Hapag-Lloyd acquisition of Zim – pushback against more consolidation within liner shipping.
The APS Information Center
For detailed updates and additional resources, explore our resources section.
From
Reuters
via
gCaptain
Qatari LNG Tanker Sailing Towards Hormuz Strait
May 9 (Reuters) – Qatari LNG tanker Al Kharaitiyat was sailing towards the Strait of Hormuz on Saturday after departing Qatar’s Ras Laffan en route to Port Qasim in Pakistan, according to LSEG shipping data. A...
From
Darren Carlat
via
Barchart
How to Build a Spread Watch List Using Historical Seasonality and Fundamental Drivers
This article explains how traders can build stronger spread watch lists by combining historical seasonality with current market fundamentals.
From
Austin Schroeder
via
Barchart
Wheat Bounce Higher into the Weekend
The wheat complex is trading with gains across the three markets on Friday. Chicago SRW futures were up 5 3/4 to 7 3/4 cents higher to round out the week, with July down 18 ¾ cents from last Friday. KC HRW futures were 7 3/4 to 11 1/4 cents in...
From
Austin Schroeder
via
Barchart
Soybeans Recover Higher on Friday
Soybeans were back to higher trade on Friday, with contracts 10 to 17 ¼ cents in the green at the close. July was 4 ¾ cents higher on the week, with November up 6 ¾ cents. The cmdtyView national average Cash Bean price was up 15 3/4 cents at $11.40...
From
Austin Schroeder
via
Barchart
Corn Bulls Bounce Back into Friday’s Close
Corn futures closed the Friday session with contracts up 3 to 4 ½ cents across the board, as July was down 9 cents on the week, with December losing 5 ½ cents. The CmdtyView national average Cash Corn price was up 3 3/4 cents to $4.30 3/4. The weekly CFTC...
From
Bloomberg
via
gCaptain
Trump’s Iran Strategy Collides with Hormuz Reality
President Donald Trump has changed his approach as he tries to end the war against Iran: reopen the Strait of Hormuz at all costs and leave thorny negotiations on Tehran’s nuclear and ballistic missile programs until later.
From
Ben DiCostanzo
via
Barchart
Cattle Futures Weaken While Cash Prices Surge
Futures sink while cash swims
From
Chris Swift
via
Barchart
Shootin' the Bull about doing whatever it takes
Cattlemen continue to bid whatever price necessary to bring inventory home. That appears the simplest part of the equation.
From
Mike Schuler
via
gCaptain
Alaska Mega-Tsunami Raises Alarm for Cruise Ships in Glacier Fjords
A massive landslide in Alaska’s Tracy Arm fjord triggered one of the tallest tsunamis ever recorded, sending water 481 meters—about 1,578 feet—up the opposite wall of the fjord in what...
From
Carley Garner
via
Barchart
Strategy Idea...Lock in $5 corn
DeCarley Perspective: Strategy Idea...Lock in $5 corn. Deferred commodity months are a smoother ride at higher prices.
From
Austin Schroeder
via
Barchart
Corn Taking Back Some Losses into Friday’s Midday
Corn futures are trading with 3 to 5 cent gains most contracts on Friday. The CmdtyView national average Cash Corn price is up 4 ¼ cents to $4.30. USDA’s Export Sales data has marketing year corn export commitments at 77.063 MMT, a 28% increase from the same period last year....
From
Austin Schroeder
via
Barchart
Soybeans Back to Higher Trade on Friday
Soybeans are trading with 16 to 17 cent gains in front months on Friday. There were 100 deliveries issued for May beans overnight. The cmdtyView national average Cash Bean price is up 17 cents at $11.42 3/4. Soymeal futures are up $1.50 to $2, with Soy Oil futures up 40...